Detroit Tech City Real Estate
Alton R Williams II, Detroit Tech City Real EstatePhone: (313) 670-6495
Email: [email protected]

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listing
1 of 17
MultifamilyFor Sale
$300,000
17129 Westphalia Street
Detroit, MI 48205
Listed by: 1st Michigan Real Estate, (248) 835-3237
MLS: Realcomp II Ltd
5Baths
2,880Sq Ft
Est. Mortgage
$1,649/mo

Located 8 minutes from the infamous East English Village District, you will find 17129 Westphalia nestled on a 5,357 square foot lot in a quiet neighborhood of homeowners. This crown jewel boasts a brand new roof to ensure repeat dividends for many years to come. Your apartment complex consists of 5 recently remodeled 1 bed room units. Each unit has been upgraded and has entirely brand new electrical and plumbing to insure maintenance free cash flow. Furthermore the entire complex has new electrical and plumbing from top to bottom. Each spacious unit has freshly rolled paint and brand new carpet with top of the line underlayment. 3 of the 5 units are leased to section 8 tenants and the monthly dividends are 3,007 all paid by section 8. The tenants pay all utilities, which allows this complex to maintain a near 29 print cash on cash return. This Diamond will be wrapped around a lucky owner's finger soon! No showings without accepted full list offer.

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IDX provided courtesy of Realcomp II Ltd. via Alton R Williams II and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders. Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
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